Zero of my biggest 8-10 competitors are active real estate agents.

Look at your competitors pricing in your area in the airbnb app.

Being aware of the percentage of renters within each market, as well as the number of competitors, including new development, is another key factor to take into consideration.

And with current affordability indexes for home purchase price and rental prices, the Austin MSA is a strong competitor.  

I'd expect competitors to be around 6% - 6.875%. 

I listened to a BP podcast in which the guest pulled a list of all business entity purchases of homes in the past six months in order to find where her competitors were buying.

What kind of rehabs are your competitors doing in the area?

Now they may not be forthcoming fearing a competitor or would be competitor, but still should point you in a direction.For some examples:In florida, a property manager does not need a broker license if they are salary based.

So if the owner agrees and later leaves for a competitor they are stuck with a keyless lockset they can't use (unless the new property manager happens to also use the same system).Another note, the locksets you find in a hotel are battery powered.

Getting the place rented requires that you compare favorably with the competitor units nearby; comparison based on amenities and price, as well as neighborhood and schools, and the sizes of rooms in the unit.